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Allegan County, MI · Sold

MI-966175

4257 County Road 386

$205,200
$3,902/ac · 52.59 ac
Acreage52.59 ac
Price per acre$3,902/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 13, 2025
Coordinates42.4366, -86.3537
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Allegan County, Michigan. Northern Lower Peninsula recreational parcels and inland lake frontage.

View Allegan market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,738 ft away

A long utility run — price in solar/off-grid instead.

Buildable area46.41 of 52.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$241,725
$184,990$298,461 · $4,596/ac on 52.59 ac
Asking vs estimate
-15.1%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $205,200
Maximum allowable offer
$138,129
$2,627/ac · +30.0% target margin

You need $67,071 off asking to hit this margin.

All-in cost$149,870
Net resale$222,387
Projected profit$72,517
ROI+48.4%
Annualized+69.2%
Break-even resale$3,098/ac
Profit if resale lands off target
-20%
$28,040
-10%
$50,279
0%
$72,517
+10%
$94,756
+20%
$116,995
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MI-546392
Dirt · Off grid
61.5Jul 27, 2026$211,9003,4434,1473.6 mi
86
MI-345638
Paved · Off grid
35.6Jul 27, 2026$224,9006,3114,9809.2 mi
78
MI-467370
Landlocked · Power at road
125.0Jul 27, 2026$374,4002,9964,5916.6 mi
71
MI-167930
Gravel · Off grid
187.5Jul 27, 2026$694,4003,7035,05912.0 mi
70
MI-968097
Dirt · Off grid
211.6Sep 5, 2025$825,6003,9016,6491.0 mi
69
MI-434370
Dirt · Power at road
14.2Jul 4, 2026$43,5003,0622,49010.1 mi
64
MI-428453
Paved · Full utilities
273.9Jul 27, 2026$1,201,6004,3873,9399.3 mi
63
MI-534838
Paved · Power at road
20.0Mar 14, 2024$141,4007,0864,7895.5 mi
58
Show adjustment detail for the top comp
  • Tract size (61.54 ac → 52.59 ac)+3.3%
  • Access (Dirt → Gravel)+16.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.